US Regulation Authorities Have Turned Bitcoins Into Real Commodity Type

21.09.2015 | Antoan Tok

It is clear for everyone that regulators in a certain country are the main authorities, who decide the trading, betting and casino rules for the particular region. But last week was a very important week for the whole financial and gambling sphere and American regulators might have changed the universal approaches into practicing these activities regardless the place you are based in. The fact is that US official regulators have made a statement, where it became clear that from now the virtual currency becomes an official commodity type in trading. Even though stated in USA, this news will definitely affect the whole world, Forex market and all of the different local places for making trades – especially those, where commodity trading is put on pedestal. U.S. Commodity Futures Trading Commission (CFTC) is ready to make the rest of today`s popular virtual currencies official commodities.